Exchange Announcement
[Upbit] Announcement of New Listing Support for Lagrange (LA) (BTC, USDT Market)
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- Upbit announced that trading support for the new digital asset Lagrange (LA) will begin in the BTC and USDT markets at 19:00 on June 5.
- Only the Ethereum network is supported for LA, and there will be trading restrictions on buy/sell and order types during the initial phase.
- LA is used for staking, governance, and network fees, and investors should be aware of its price volatility and that it is a high-risk product.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Hello. This is Upbit, the most trusted global standard digital asset exchange.
We are pleased to announce the support for the trading of a new digital asset as follows.
| Digital Asset | Market | Network | Deposit/Withdrawal Opening Time | Trading Support Start Time |
|----------|-----------|----------|----------------------------|----------------|
| Lagrange (LA) | BTC, USDT | Ethereum | Within 2 hours from the time of this announcement | Scheduled for June 5, 19:00 |
* Please be sure to check the network before depositing digital assets. Deposits and withdrawals using networks other than those announced are not supported. * After the deposit/withdrawal service is opened, if a certain level of liquidity cannot be secured, the trading support start time may be delayed. ### ※ Trading Restrictions Information The trading restriction prices are determined based on price quotes provided by CoinMarketCap. - Buy Restriction: Buy orders are restricted for about 5 minutes after trading support begins. - Minimum Sell Restriction: Sell orders at prices more than 10% below the previous day's closing price are restricted for about 5 minutes after trading support begins. - Order Type Restriction: Except for limit orders, all other order types are restricted for about 2 hours after trading support begins. - Please refer to the table below for the previous day's closing price and latest price.
| Digital Asset | Previous Day Closing Price | Latest Price (as of June 5, 15:40) |
| LA | 0.00000805 BTC | 0.00001365 BTC |
| LA |
|-------------|----------------|--------------------------|
| 0.8445 USDT | 1.42 USDT |
※ Deposit Precautions Deposits that cannot be processed may take a long time for the return procedure, so please read the precautions carefully. - Deposits and withdrawals are supported only on the announced network (LA-Ethereum). Be sure to check the network before making a deposit. - The LA contract address supported by Upbit is [0x0fc2a55d5BD13033f1ee0cdd11f60F7eFe66f467](https://etherscan.io/token/0x0fc2a55d5BD13033f1ee0cdd11f60F7eFe66f467). Please check the contract address when making LA deposits and withdrawals. - To comply with Travel Rule, if you deposit assets into Upbit via an exchange not included in the [List of Depositable/Withdrawable VASPs](https://upbitcs.zendesk.com/hc/ko/articles/5048002559897), your deposit cannot be processed, and such unprocessable deposits may take a long time for the return process. - Deposits and withdrawals are only possible to/from personal wallet addresses verified as 'Owned by the User,' and even with linked personal wallets, depending on the network, deposit returns may be necessary. - For large and suspicious deposits of digital assets, you may be requested to explain the source of funds. (Article 17, Clause 8 of the Terms of Service) ### ※ Additional Digital Asset \~\~LA (Lagrange)\~\~ > Lagrange is a network infrastructure that generates Zero-Knowledge Proofs (ZKPs). To enhance scalability and efficiency, it adopts a structure called 'Prover Network' and is comprised of provers—nodes responsible for generating proofs by various participants. The LA token can be used for staking, governance participation, network fees, and more. > Website: [Lagrange Official Website](https://www.lagrange.dev/) > X (formerly Twitter): [Lagrange Official X](https://x.com/lagrangedev) > Whitepaper: [Lagrange Official Whitepaper](https://docs.lagrange.dev/) ✽ If this digital asset is not displayed on PC, please refresh (F5) the page and check again. ✽ If not displayed on the Upbit App, please go to More > Screen Settings > Reload Coin Info and check again.
Investment Risk Notice
• Investment in digital assets is subject to sudden price fluctuations due to speculative demand and changes in domestic and international regulatory environments. The responsibility for judging investment in this digital asset lies solely with the investor, and any potential losses will be borne by the investor. Please carefully review the project homepage and disclosures to fully understand the asset's characteristics, and trade cautiously.
• Due to the nature of digital asset trading, price differences across domestic and overseas exchanges persist. Be sure to pay attention to price gaps with global exchanges before investing in digital assets.
• Upbit has implemented measures such as minimum order amount limits to create a stable trading environment, but in an overheated investment environment, some users may be shown an order stabilization message. This is unavoidable due to the need to process preceding orders and maintain stable service, so please take note.
※ Virtual assets are high-risk products and may result in total or partial loss of your investment.

*This information is generated automatically.





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